US and consultancies take bulk of Power Africa aid
Almost half of the funds awarded to date under Power Africa have gone to consultancies rather than to project developers Almost half of the funds awarded to date under Power Africa have gone to consultancies rather than to project developers.
7 November 2017
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Power Africa was established in June 2013 with a $7 billion pledge by the administration of former United States President Barack Obama. It has spent only a fraction of this pledged amount, but data provided by USAID shows consultancy firms and government agencies are the biggest recipients of the funds so far. A total of 20 consultancy firms have received $80.9 million and are due to receive a further $191.1 million that has yet to be disbursed.
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